Takehiko Nakao | Asian Development Bank

Takehiko Nakao

8 December 2017

ADB celebrates International Anticorruption Day

President Nakao led ADB staff in commemorating International Anticorruption Day on 8 December 2018 in ADB Headquarters, Manila, Philippines. In his remarks, the President urged Management and staff to be champions in the fight against corruption, money laundering, and other illicit activities. Read the news release and see the photo.

30 November 2017

President Nakao addresses ADBI annual conference

The President delivered the keynote speech at the Asian Development Bank Institute’s Annual Conference on managing private and local government debt on 30 November in Tokyo. He recommended policies to ease municipal government debt and to help countries prepare for possible financial crises. The conference discussed debt increase in Asia and drew lessons from case studies in the region. See the photo.

27 November 2017

President Nakao highlights RCI’s role in reducing inequality and promoting sustainability

The President made the keynote address at the opening of RCI Week on 27 November at ADB headquarters in Manila. He spoke of the importance of regional cooperation and integration in reducing inequality, bridging infrastructure gaps, and building greater financial resilience. The event includes discussions on economic corridors, RCI skills and career mobility, and RCI corporate reporting. See the photo.

14 November 2017

People’s Republic of China Finance Minister visits ADB

President Nakao received People’s Republic of China (PRC) Finance Minister and ADB Governor Xiao Jie, together with Vice Finance Minister and ADB Alternate Governor Shi Yaobin on 14 November at ADB headquarters in Manila. The President congratulated Minister Xiao on the outcome of the 19th National Congress of the Communist Party of China and discussed the PRC’s economic development, challenges, and lessons learned. They discussed enhanced cooperation between ADB and the PRC, as well as ADB’s role in sustainable development in Asia and the Pacific.

8 November 2017

ADB Alternate Governor for Luxembourg visits ADB

President Nakao met with ADB Alternate Governor for Luxembourg Arsene Jacoby on 7 November at ADB headquarters in Manila. Mr Jacoby is also Director of Multilateral Affairs, Development Cooperation, and Compliance in the Ministry of Finance. They discussed ADB’s Strategy 2030 as well as the partnership between Luxembourg and ADB. See the photo.

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ADB President Takehiko Nakao

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Takehiko Nakao is the President of the Asian Development Bank (ADB) and the Chairperson of ADB’s Board of Directors. He was elected President by ADB’s Board of Governors and assumed office in April 2013.

Before joining ADB, Mr. Nakao was the Vice Minister of Finance for International Affairs at the Ministry of Finance of Japan.

In a career spanning more than three decades, Mr. Nakao has gained extensive experience in international finance and development. He has held senior positions in the Ministry of Finance in Japan, which he joined in 1978, including Director-General of the International Bureau, where he fostered close ties with leading figures in the Asia-Pacific region, and G20 nations.

He was assigned as Minister at the Embassy of Japan in Washington D.C., between 2005 and 2007, and from 1994 to 1997 served as economist and advisor at the International Monetary Fund.

He has published books and numerous papers on financial and economic issues, and in 2010 and 2011 was a Visiting Professor at the University of Tokyo.

Born in 1956, Mr. Nakao holds a Bachelor’s degree in Economics from the University of Tokyo and a Master of Business Administration from the University of California, Berkeley.